NextEra-Backed Venture Trucks LNG to Northeast

A venture backed by NextEra Energy Inc. is trucking natural gas from the Marcellus Shale to New England, where pipeline bottlenecks have helped send prices for the fuel soaring in the winter. Closely held Edge Gathering Virtual Pipelines 2 LLC is using tractor trailers to treat gas, chill it and truck it from northeastern Pennsylvania to Rhode Island, Chief Executive Officer Mark Casaday said in a telephone interview. NextEra Energy Marketing LLC, a subsidiary of the biggest North American utility owner, is a shareholder in the company and the exclusive sales and marketing partner for the fuel. Gas explorers are looking for new ways to get their supply to the market as multibillion-dollar pipeline projects to transport shale gas to consumers in the Northeast […]